Here are the recap for the top 3 major gainers in the Oil & Gas sector trading on Friday. keep an eye on the following stocks.
Tellurian Inc (NASDAQ:TELL) continued to move higher and one of the biggest gainers last month in the Oil & Gas sector. The stock soared 12.08% to close at $4.37 and made a new high of $4.44. Friday, the stock witnessed higher than average volume with more than 35.38 million shares exchanged hands, compared to its average volume of 12.22 million. The stock opened at $3.86 and moved within a wide range of $3.7400 – 4.4400. The stock got a boost on the news of a new long-term contract supporting its proposed Driftwood LNG development.
Tellurian has agreed to supply Gunvor Singapore with 3 million tonnes per annum (mtpa) of LNG over a 10-year period. The company would deliver the LNG from its proposed Driftwood LNG natural gas liquefaction facility near Lake Charles, Louisiana. That agreement covers more than 10% of the facility’s proposed 27.6 mtpa capacity.
Aemetis, Inc (NASDAQ:AMTX) gained momentum as the stock went up 9% for the session to $13.57. The stock has moved within a wide range of $12.33 – 13.89. The stock has surged about 445% year-to-date. Moreover, the stock has moved up almost 565% over the past 6-month. The stock is trading 50.55% below its 52-week high and 1742% higher from its 52-week low.
Oasis Midstream Partners LP (NASDAQ:OMP) was another gainer in the Oil & Gas sector. The stock was up 2.32% at $28.25. More than 891K shares have been traded hands, compared to its average volume of 192K. Over the past 52-week, the stock moved within a range of $5.50 – 28.80. The stock has soared 140% so far in 2021 and 146% in the past 6-month.The stock is trading in the oversold zone as RSI stands at 78.
